Dongfang Electric posts strong Q3 results, overhauls governance structure

Dongfang Electric Corp. reported a robust performance for the third quarter of 2025, with total operating revenue increasing by 20.69% to 17.37 bn yuan for the quarter and 16.03% to 55.52 bn yuan year-to-date. Net profit attributable to shareholders rose by 13.22% to 1.06 bn yuan for the quarter and 13.02% to 2.97 bn yuan year-to-date. The company's total assets grew by 15.88% to 164.56 bn yuan compared to the previous year-end. Production of power generation equipment reached 6,145.85 million kilowatts, with new effective orders totaling 88.583 bn yuan.

In a related development, the company's board of directors approved significant amendments to its articles of association, including the abolition of the supervisory board. Its responsibilities will now be assumed by the board's audit and risk committee. This change aligns with new regulatory requirements and corporate governance best practices. Additionally, the company completed a new H-share placement on September 24, 2025, increasing its total share capital by 68 million H-shares to 3,458,360,326 shares. The updated articles of association reflect this capital increase and redefine the roles of various committees.